Saks Global provides financing of 400 million dollars, after announcing its bankruptcy.
Adrian Rusu
International
Foto: shutterstock.com/ro
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An American judge specialized in bankruptcies approved on Wednesday Saks Global's access to emergency funding, allowing the company to raise 400 million dollars in cash, despite opposition from Amazon.
The decision was made by Judge Alfredo Perez during a hearing held at the court in Houston.
Sources
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